Articles in the Affordability Category

 Supply starts to outstrip demand

The balance between supply and demand shifted toward the supply side as the new instructions net balance outpaced buyer interest for the second consecutive month, says RICS latest UK Housing Market survey.

Posted in 2010, Affordability, House Prices, RICS on 9 March 2010

 Natwest and RBS pledge to help homeowners in arrears

NatWest and RBS have announced a new pledge for 2010 to provide real help to residential mortgage customers facing financial difficulty.

Posted in 2010, Affordability, NatWest, Repossessions on 9 March 2010

 House prices fall for February

House prices fell by 1.5% in February, this was the first decline since June 2009 following seven consecutive monthly increases, Halifax has reported.

Posted in 2010, Affordability, Halifax, House Prices on 5 March 2010

 Agents grab stock while prices rise

Scarce new sellers bumped up asking prices by 3.2%, an average increase of £7,137 with London setting a new record of £427,987.

Posted in 2010, Affordability, House Prices, Rightmove on 16 February 2010

 Stamp duty rush caused 2-year high in first-time buyers

The number of loans to first-time buyers hit a two-year high in December 2009, driven by a rush to buy properties in the £125,000 – £175,000 bracket before the year-end stamp duty concession expired, according to figures released by the Council of Mortgage Lenders.

Posted in 2010, Affordability, House Prices, Stamp Duty, cml, first time buyers on 14 February 2010

 January sees modest house price growth

House prices rose for the seventh consecutive month, but January’s rise was the lowest during this period and was significantly below the 1.1% average over the previous six months.

Posted in 2010, Affordability, Halifax, House Prices on 5 February 2010

 House prices up across just 7% of the country

Overall house prices rose by 0.1% in January while the year on year rate of grow currently stands at -0.1, property group Hometrack reports.

Posted in 2010, Affordability, Hometrack, House Prices on 1 February 2010